Terra Now Sixth Biggest Crypto With Jump to New High
On Wednesday, the crypto market experienced a sudden pump and rebounded several altcoin from their crucial support. The Solana (SOL) price faced a similar outcome as it bounced back from its monthly support, registering an 8% intraday gain.
Over the past couple of days, Bitcoin‘s Dominance metric has been on the rise. Alongside the same, Bitcoin has also been making steady gains after hitting a local bottom of $37.3k. The altcoin market reacted positively to Bitcoin’s gains as Binance Coin broke out of its short-term range and Ethereum Classic rose past its resistance level. Finally, Waves noted a retracement on the charts.
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has overtaken the native cryptocurrency of the FTX exchange, $FTT, as the second-largest holding the largest Ethereum whales have in their portfolios, behind $ETH itself only. According to data shared by whale monitoring resource WhaleStats, the largest Ethereum whales have been adding...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has emerged as the faster network in terms of transaction speed, according to a recent investigation. On the contrary, it is also a statement of fact that unique daily active signers have dropped since January. On the charts, Bitcoin has seen a massive drop in recent months and so has Ethereum. Solana had been one of the large-cap coins that...
Tallinn, Estonia, 7th March, 2022, Chainwire
Crypto funds have not been phased by geopolitical risks in the weeks since Russia invaded Ukraine. CoinShares reports that through last week, investors added to their positions in crypto funds.
Leading digital payments platform Wirex, which has over 4.5 million users and allows them to spend dozens of currencies at more than 80 million locations worldwide, has added support for the meme-inspired cryptocurrency Shiba Inu ($SHIB) along with Terra’s $LUNA other tokens. According to an announcement the firm...
Although the market recovered pretty quickly after 24 February, the bears continued to circle around. The likes of Solana, ETC and FTM projected similar trends on the 1-hour chart. Solana (SOL) Source: TradingView, SOL/USD SOL lost its advantage as it fell from the $105.40 mark to gain support at $77.50 on 24 February. However, the buyers came to the rescue and the alt quickly bounced back up. Over the next six days, SOL managed to reclaim the $105 level as resistance. However, the...
MetaDogeSwap, a community-driven crypto project, recently released the V2 iteration of its platform, introducing a bigger and better blockchain-based virtual world and a marketplace for canine-themed NFTs. The team decided to upgrade to V2 as the earlier version had several major issues that affected buyback and other vital functions. Besides solving problems in the code, the contract redeployment gave the $MDS token developers a chance to introduce a brand new NFT marketplace and other exciting utilities. The experienced project backers